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Neo Performance Materials (TSX: NEO) is a Toronto-headquartered, vertically diversified rare-earth and critical-metals processor operating in three segments: Magnequench (neodymium-iron-boron magnetic powders and, since 2025, finished sintered permanent magnets for EV traction motors and wind turbines), Chemicals & Oxides (separated rare-earth oxides — NdPr, heavy rare earths, and lanthanum/cerium products for catalysts), and Rare Metals (tantalum, niobium, gallium, indium and other specialty metals).
Source: SEC Financial Statement Data Sets, quarterly period, tagged by the issuer. Segment names are the company’s own labels and are not comparable with another filer’s. Shares are of consolidated revenue and need not sum to 100%: overlapping cuts are reported, and segment×geography cross-tabs are dropped rather than counted twice.
GLEIF has an LEI on file for Neo Performance Materials Inc. (see `lei:`) but reports no parent — correct, since Wyloo's is a strategic minority stake, not a corporate parent/subsidiary relationship, and no parent_slug applies. Wyloo acquired 8,350,311 shares (19.99% of Neo, just under the 20% Canadian take-over-bid threshold) from Hastings Technology Metals for ~CAD 72.1m/A$79.8m, becoming Neo's largest single shareholder; the press release states the shares are held 'for investment purposes' and does not describe board representation or control rights. Next-largest disclosed holders per aggregator data (not independently confirmed against Neo's own information circular this pass): Mawer Investment Management (~12%), Mackenzie Financial (~4.2%); public float otherwise widely held. No evidence found of any entity holding a majority or controlling stake.
Named counterparties identified by open-source research and written only where a primary source states the relationship — never inferred from sector or co-mention. 2 suppliers, 2 customer-side. This is a partial view: it covers the relationships we could evidence, not the company's full supply base.
A roughly 30-year bonded-magnet customer, and the one longstanding named relationship on the Magnequench side. Multi-year MoU dated 2025-09-19 reserving significant annual Narva sintered-magnet capacity — confirmed 2026-08-26 directly against Neo's own press release (source_url above); the previously-cited canadianmanufacturing.com/...-310760/ article does not mention Bosch or Schaeffler at all (it covers the separate unnamed ~$50M Tier-1 award below) and has been removed as a citation for this row. An MoU is not a definitive project-level offtake — do not render it as contracted volume. (A quotation previously attributed here to CEO Rahim Suleman was removed 2026-08-18: it appears in none of the reachable cited sources — checked canadianmanufacturing.com and projectblue.com live; emobilityplus.com returns 403.)
Named automotive customer of Narva output. Corrected 2026-10-04: the prior source_url (bloomberg.com/.../europe-s-ev-makers-line-up...) returns 403 as of this pass and was dropped. Replacement: Mining.com's coverage of the Narva plant's official 2025-09-19 opening reports Neo announced it had signed contracts with Schaeffler and Bosch for Narva sintered-magnet output. Still `websearch`/`secondary` (not a Neo filing or Neo-issued release).
Energy Fuels FY2025 Form 10-K (filed 2026-02-26): between 2021 and 2023 the company recovered MREC (mixed rare earth carbonate) from monazite sands at the White Mesa Mill, Utah (US), and the MREC was then sold to Neo Performance Materials for commercial separation into NdPr oxide at its separation facility in Silmet, Estonia (EE). The same filing says Energy Fuels itself began separated NdPr production in 2024, so these sales ended in 2023; the destination is Estonia, not Canada. Re-checked 2026-10-04: source_url resolves fine via direct fetch (the PACKET's automated HTTP probe 403s on SEC EDGAR's bot-blocking, not a dead filing).
Second named Silmet feedstock partner. Together with Energy Fuels this is the non-Russian diversification away from the Solikamsk supply noted in the facilities-registry Silmet entry — the two rows are the substance behind that note. Refresh 2026-09-29: no 2024+ source found stating which Lynas plant (Mt Weld AU or Kuantan MY) ships to Silmet (Estonia); origin left unstated.
Scope. Absence of a counterparty here is not evidence that none exists — most commercial sourcing is confidential and never becomes public. Rows without a share figure mean no share was disclosed, not that the relationship is small.
2 other tracked dossiers name this company as a counterparty in its own sourced disclosure — this platform never wrote these rows on this company's own page, they are read here inverted from the dossier that disclosed them. This is a partial view: 982 additional named-counterparty rows across the corpus could not be matched to a tracked dossier by name at all (mostly non-Latin legal names), so the true count is higher than what renders here.
FIRST NAMED SUPPLIER for this dossier's neodymium/praseodymium magnet exposure (previously prose-only, no counterparty). Neo's own press release (2025-09-19, Toronto): a multi-year Memorandum of Understanding under which Neo 'will reserve significant annual magnet production capacity for its customer Bosch,' explicitly framed as 'extending' a pre-existing supplier relationship. No volumes, tonnage or contract value disclosed — an MOU is a capacity reservation with 'a clear mutual target ... to transition the capacity reserve into definitive projects,' not yet a binding supply contract. Tied to the next phase of Neo's Narva, Estonia magnet-manufacturing facility. Neo's Magnequench segment makes NdFeB magnetic powders/magnets — this supports the neodymium/praseodymium exposure specifically; the release does not name dysprosium or terbium content, so it is not extended to the heavy-rare-earth exposure lines above. CHECKED AGAIN 2026-09-13: Neo's own 2026-04-10 press release (newswire.ca, titled Neo Successfully Commissions Heavy Rare Earth Separation Small-Scale Production Line in Europe) confirms first separated terbium and dysprosium process solutions at the Silmet, Estonia facility feeding the same Narva magnet complex — but that release names no customer at all, Bosch included; it frames the line only against Neo's general vertically integrated rare-earth magnet value-chain strategy (paraphrase; that release is not the source URL of this row). Gap confirmed still open, not re-searched with this exact query again. Only Neo's side of the relationship is quoted (Bosch is named as the counterparty but gives no independent statement) — confidence held at primary-source because the disclosure is a public-company press release naming a specific counterparty and commercial terms, not a claim about Bosch attributed second-hand. Neo Performance Materials carries its own in-corpus dossier (`neo-performance-materials`).
mining.com names Neo Performance Materials as a buyer of SMZ's raw rare-earth material. Neo's own AIF for fiscal 2024 states that Neo's Silmet facility (Sillamäe, Estonia) sources the majority of its rare earth feedstock from a Russian supplier (not named there), not currently restricted by sanctions, and that SWIFT removal has made paying it harder (https://www.neomaterials.com/wp-content/uploads/2025/03/Neo-AIF-2025-vF.pdf). SMZ is at Solikamsk, Perm Krai, Russia; the material goes to Estonia, not Canada. Pair identity rests on the secondary source; no share_pct disclosed.
Scope. This section is inverted evidence: each linked dossier wrote the original row about itself, describing its own relationship to this company. It is never a claim this company itself disclosed. Absence here is not evidence of no relationship — most of the corpus has no named-counterparty block at all yet.
This company sits on the supply side for 8 of its 8 materials — a restriction on those is a tailwind, not a headwind.
Dossier discloses a dysprosium, terbium or samarium material exposure directly — A61 §1(2) names Dy/Tb-containing NdFeB and SmCo magnets by element.
A61's suspension (Announcement 70) lapses 10 Nov 2026 — on the plain text, controls revive automatically. The US DoD CN/RU/IR/KP sourcing bar follows 1 Jan 2027. See the underlying extraterritorial export-control action. We supply the provenance file; we never compute your ratio for you.
As a producer, policy pressure across its produced materials is rising.
Descriptive trend in official policy actions on this company’s materials — a policy-pressure trend, not a price or trading signal. No forward probability is implied. Direction is measured on actions we have discovered, and discovery lags events: where the recent window is too thin to support a calm reading, the row says coverage-limited instead of easing.
No actions in the register have named or swept this company in the last 24 months.